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HOOD

Robinhood Markets Inc.

DOUBTFUL
Score: 40/100
stock

Is HOOD Halal?

Brokerage with interest income and margin lending.

What You Should Know

Robinhood provides retail brokerage services. Revenue includes margin lending interest, payment for order flow, and cash sweep interest. Some elements involve riba.

⚠️ Concerns

  • •Margin lending involves riba
  • •Interest on cash balances
  • •Payment for order flow concerns

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